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<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Revenue recognition and allowance for doubtful accounts </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's service offerings consist of on-net and off-net telecommunications services. Fixed fees are billed monthly in advance and usage fees are billed monthly in arrears. Revenues from telecommunication services are recognized when the services are performed, evidence of an arrangement exists, the fee is fixed and determinable and collection is probable. The probability of collection is determined by an analysis of credit history for new customers and historical payment patterns for existing customers. Service discounts and incentives related to telecommunication services are recorded as a reduction of revenue when granted. Fees billed in connection with customer installations are deferred and recognized ratably over the longer of the contract term or the estimated customer life. The Company expenses the direct costs associated with sales as incurred. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company invoices certain customers for amounts contractually due for unfulfilled minimum contractual obligations and recognizes a corresponding sales allowance equal to the amount invoiced resulting in the recognition of no net revenue at the time the customer is billed. The Company vigorously seeks payment of these amounts. The Company recognizes revenue for these billings as they are collected. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company establishes an allowance for doubtful accounts and other sales credit adjustments related to its trade receivables. Trade receivables are recorded at the invoiced amount and can bear interest. Allowances for sales credits are established through a reduction of revenue, while allowances for doubtful accounts are established through a charge to selling, general, and administrative expenses as bad debt expense. The Company assesses the adequacy of these reserves by evaluating factors, such as the length of time individual receivables are past due, historical collection experience, and changes in the credit worthiness of its customers. The Company also assesses the ability of specific customers to meet their financial obligations and establishes specific allowances related to these customers. If circumstances relating to specific customers change or economic conditions change such that the Company's past collection experience and assessment of the economic environment are no longer appropriate, the Company's estimate of the recoverability of its trade receivables could be impacted. Accounts receivable balances are written-off against the allowance for doubtful accounts after all means of internal collection activities have been exhausted and the potential for recovery is considered remote. The Company recognized bad debt expense, net of recoveries, of $3.7 million, $3.5 million and $5.1 million for the years ended December 31, 2014, 2013 and 2012, respectively.</font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Gross Receipts Taxes </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Revenue recognition standards include guidance relating to any tax assessed by a governmental authority that is directly imposed on a revenue-producing transaction between a seller and a customer and may include, but is not limited to, gross receipts taxes and certain state regulatory fees. The Company records certain excise taxes billed to its customers on a gross basis in its consolidated statements of operations.</font>
</p>
<p style="margin:5pt 0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">A summary of the Company's amounts paid under the Capital Program is as follows (in thousands, except per share amounts): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Dividend Period </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Capital</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Program</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amount </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Stock Buyback</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amount</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">During the</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Period </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Stock Buyback</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amount Greater</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">than Capital</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Program Amount? </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Payment Under</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Capital Program</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Paid As</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Dividend(1) </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amount Per</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Share Paid As</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Dividends</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Under the</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Capital Program </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q3 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,000
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">No</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q4 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,500
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">No</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,186
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.22
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q1 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,500
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,196
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Yes</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,707
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.23
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q2 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,500
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,888
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Yes</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q3 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,000
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,943
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Yes</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q4 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,000
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,555
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">No</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div><hr style="border-bottom-style:solid;width:26%;height:1.5pt; ;color:#000000" align="left"></hr>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:15;margin-left:0pt;">
<tr style="CellSpacing:15;">
<td valign="top" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">(1)</font></p>
</td>
<td valign="middle" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Under the Capital Program if the amount spent on stock buybacks during a quarter is less than the program amount the difference is added to the dividend payment for the following quarter. Since the stock buyback amount for the fourth quarter of 2014 was $10.6 million and less than the Capital Program amount of $12.0 million an additional $1.4 million or $0.03 per share will be added to the first quarter 2015 regular dividend. </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">The amount of interest expense recognized and effective interest rate for the Convertible Notes were as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.96%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.00%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:39.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:03.34%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.96%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.00%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:03.34%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:03.34%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:03.34%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Contractual coupon interest</font></p>
</td>
<td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>419
</td>
<td valign="bottom" style="width:03.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>920
</td>
<td valign="bottom" style="width:03.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>920
</td>
<td valign="bottom" style="width:03.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Amortization of discount and costs</font></p>
</td>
<td valign="bottom" style="width:01.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,106
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,409
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,886
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Interest expense</font></p>
</td>
<td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,525
</td>
<td valign="bottom" style="width:03.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,329
</td>
<td valign="bottom" style="width:03.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,806
</td>
<td valign="bottom" style="width:03.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Effective interest rate</font></p>
</td>
<td valign="bottom" style="width:01.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.7
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.7
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:02.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:09.00%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.7
</td>
<td valign="bottom" style="width:03.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:30.78%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Type of asset </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Depreciation or amortization period </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:30.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Indefeasible rights of use (IRUs)</font></p>
</td>
<td valign="top" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:68.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Shorter of useful life or the IRU lease agreement; generally 15 to 20 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:30.78%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Network equipment</font></p>
</td>
<td valign="top" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:68.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">3 to 8 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:30.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Leasehold improvements</font></p>
</td>
<td valign="top" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:68.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Shorter of lease term, including reasonably assured renewal periods, or useful life</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:30.78%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Software</font></p>
</td>
<td valign="top" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:68.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">5 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:30.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Owned buildings</font></p>
</td>
<td valign="top" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:68.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">40 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:30.78%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Office and other equipment</font></p>
</td>
<td valign="top" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:68.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">3 to 7 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:30.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">System infrastructure</font></p>
</td>
<td valign="top" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:68.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">5 to 10 years</font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
7794000
8212000
9083000
P90D
10240
100
1100000
1000000
P20Y
false
--12-31
FY
2014
2014-12-31
10-K
0001158324
46391534
Yes
Large Accelerated Filer
1500000000
COGENT COMMUNICATIONS HOLDINGS, INC.
No
Yes
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">3. Accrued and other liabilities: </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Accrued and other current liabilities as of December 31 consist of the following (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Operating accruals</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,286
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,539
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Deferred revenue—current portion</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,307
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,174
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Payroll and benefits</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,371
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,952
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Taxes—non-income based</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,359
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,128
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Interest</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,828
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,672
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32,151
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31,465
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
14098000
13287000
30628000
33089000
1128000
1359000
31465000
32151000
643891000
521290000
122601000
686829000
553113000
133716000
2136000
-6462000
508256000
460576000
9164000
9164000
9557000
9557000
10385000
10385000
25000
25000
132000
132000
-17000
-17000
8300000
8700000
9600000
1871000
1707000
6031000
6086000
1976000
5886000
6409000
3106000
400000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Asset retirement obligations </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's asset retirement obligations consist of restoration requirements for certain leased facilities. The Company recognizes a liability for the present value of the estimated fair value of contractual obligations associated with the retirement of long-lived assets that result from the acquisition, construction, development and/or the normal operation of a long-lived asset in the period incurred. The present value of the fair value of the obligation is also capitalized as property, plant and equipment and then amortized over the estimated remaining useful life of the associated asset. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Increases to the asset retirement obligation liability due to the passage of time are recognized within selling, general and administrative expenses in the Company's consolidated statements of operations. Changes in the liability due to revisions to estimates of future cash flows are recognized by increasing or decreasing the liability with the offset adjusting the carrying amount of the related long-lived asset. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
755101000
761775000
354271000
339641000
9252000
14594000
17805000
33428000
28707000
152527000
151944000
355775000
33848000
21976000
21988000
22058000
22089000
233816000
189237000
166538000
238207000
247285000
304866000
287790000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">6. Commitments and contingencies: </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Capital leases—fiber lease agreements </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company has entered into lease agreements with numerous providers of dark fiber primarily under 15-20 year IRUs typically with additional renewal terms. Once the Company has accepted the related fiber route, leases that meet the criteria for treatment as capital leases are recorded as a capital lease obligation and an IRU asset. The interest rate used in determining the present value of the aggregate future minimum lease payments is determined by adding a premium to the US treasury interest rate for the lease term. The future minimum payments under these agreements are as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">For the year ending December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2015</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,848
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2016</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,089
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2017</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,058
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2018</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21,988
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2019</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21,976
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Thereafter</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>233,816
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total minimum lease obligations</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>355,775
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Less—amounts representing interest</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(189,237
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Present value of minimum lease obligations</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>166,538
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Current maturities</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(14,594
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Capital lease obligations, net of current maturities</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>151,944
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Current and potential litigation </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> In accordance with the accounting guidance for contingencies, the Company accrues its estimate of a contingent liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. Where it is probable that a liability has been incurred and there is a range of expected loss for which no amount in the range is more likely than any other amount, the Company accrues at the low end of the range. The Company reviews its accruals at least quarterly and adjusts them to reflect the impact of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular matter. The Company has taken certain positions related to its obligations for leased circuit and dark fiber obligations for which it is reasonably possible could result in a loss of up to $2.1 million in excess of the amount accrued at December 31, 2014. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Certain former sales employees of the Company filed a collective action against the Company in December 2011 in the United States District Court, Southern District of Texas, Houston Division alleging misclassification of the Company's sales employees throughout the United States in violation of the Fair Labor Standards Act. The lawsuit seeks to recover pay for allegedly unpaid overtime and other damages, including attorney's fees. In March 2014, the judge de-certified the collective action. Each of the former employees that opted-in to the collective action retained the right to file an individual action. Approximately 70 former employees did so. The Company has reached oral settlements in a number of the cases that were filed. These settlements still require settlement agreements to be signed by all parties and, in certain instances, court approval. Upon final resolution of the pending settlements, three cases will remain. In several of the remaining cases, the plaintiffs seek certification of a class or collective action related to the employees in that jurisdiction. The Company denies the claims and believes that the claims for unpaid overtime are without merit. The Company believes its classification of sales employees is in compliance with applicable law. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> In the normal course of business the Company is involved in other legal activities and claims. Because such matters are subject to many uncertainties and the outcomes are not predictable with assurance, the liability related to these legal actions and claims cannot be determined with certainty. Management does not believe that such claims and actions will have a material impact on the Company's financial condition or results of operations. Judgment is required in estimating the ultimate outcome of any dispute resolution process, as well as any other amounts that may be incurred to conclude the negotiations or settle any litigation. Actual results may differ from these estimates under different assumptions or conditions and such differences could be material. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Operating leases </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company leases office space, network equipment sites, and data center facilities under operating leases. In certain cases the Company enters into operating lease commitments for fiber. Future minimum annual payments under these arrangements are as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">For the year ending December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2015</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31,947
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2016</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,025
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2017</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18,852
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2018</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,891
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2019</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,124
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Thereafter</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>54,172
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>158,011
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Expenses related to these arrangements were $39.1 million in 2014, $36.4 million in 2013 and $33.8 million in 2012. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Unconditional purchase obligations </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Unconditional purchase obligations for equipment and services totaled approximately $6.6 million at December 31, 2014. As of December 31, 2014, the Company had also committed to additional dark fiber IRU capital and operating lease agreements totaling approximately $29.2 million in future payments to be paid over periods of up to 20 years. These obligations begin when the related fiber is accepted, which is generally expected to occur in 2015. Future minimum payments under these obligations are approximately, $16.2 million, $1.0 million, $0.9 million, $0.9 million and $1.0 million for the years ending December 31, 2015 to December 31, 2019, respectively, and approximately $15.8 million, thereafter. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Defined contribution plan </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company sponsors a 401(k) defined contribution plan that provides for a Company matching payment. The Company matching payments were $0.5 million for 2014, $0.4 million for 2013 and $0.4 million 2012 and were paid in cash. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
0.21
0.10
0.11
0.12
0.76
0.13
0.14
0.37
0.39
1.17
0.17
0.30
0.31
0.35
0.001
0.001
75000000
75000000
45893347
47116644
47334218
47334218
46398729
46398729
47334218
46398729
47000
46000
-3002000
58158000
-7801000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Concentrations of credit risk </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's assets that are exposed to credit risk consist of its cash and cash equivalents, other assets and accounts receivable. As of December 31, 2014 and 2013, the Company's cash equivalents were invested in demand deposit accounts, overnight investments and money market funds. The Company places its cash equivalents in instruments that meet high-quality credit standards as specified in the Company's investment policy guidelines. Accounts receivable are due from customers located in major metropolitan areas in the United States, Europe, Canada and Mexico. Receivables from the Company's net-centric (wholesale) customers are generally subject to a higher degree of credit risk than the Company's corporate customers. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company relies upon an equipment vendor for the majority of its network equipment and is also dependent upon many third-party fiber providers for providing its services to its customers. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Principles of consolidation </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles and include the accounts of the Company and all of its wholly-owned and majority-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">The debt and equity components for the Convertible Notes were as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Principal amount of convertible senior notes</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>91,978
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Unamortized discount</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,099
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net carrying amount</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>88,879
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Additional paid-in capital</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>74,933
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
88879000
88879000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Network operations </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Network operations expenses include the costs of personnel and related operating expenses associated with service delivery, network management, and customer support, network facilities costs, fiber and equipment maintenance fees, leased circuit costs, and access fees paid to building owners. The Company estimates its accruals for any disputed leased circuit obligations based upon the nature and age of the dispute. Network operations costs are impacted by the timing and amounts of disputed circuit costs. The Company generally records these disputed amounts when billed by the vendor and reverses these amounts when the vendor credit has been received or the dispute has otherwise been resolved. The Company does not allocate depreciation and amortization expense to its network operations expense. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
143642000
37309000
150225000
37076000
37441000
38400000
38836000
159893000
39605000
40407000
41046000
286005000
301825000
326103000
126000
344000
284000
169000
-2285000
83000
243000
0.005
0.0050
91978000
74933000
1900000
1900000
1900000
200000000
175000000
65000000
200000000
200000000
240000000
200000000
250000000
250800000
196000000
0.087
0.087
0.087
0.01
0.08375
0.08375
0.05625
0.08375
0.05375
1.00
1.00
1.08375
1.00
1.04188
1.02094
1.00000
1.00
1.04219
1.02813
1.01406
1.000
1.00
1.00
108000000
P20Y
P15Y
3099000
3099000
5900000
5423000
4230000
-49317000
2352000
1447000
243000
-20000
1398000
4174000
4307000
1245000
-995000
824000
412117000
398217000
56182000
52967000
50861000
48963000
402484000
366686000
3110000
7769000
2775000
2208000
849000
354537000
345250000
400000
400000
500000
62478000
62400000
64358000
64300000
69481000
69500000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">8. Stock option and award plan: </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Incentive award plan </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company grants restricted stock and options for common stock under its award plan, the 2004 Incentive Award Plan, as amended (the "Award Plan"). Stock options granted under the Award Plan generally vest over a four-year period and have a term of ten years. Grants of shares of restricted stock granted under the Award Plan generally vest over periods ranging from three to four years. Compensation expense for all awards is recognized over the service period. Awards with graded vesting terms are recognized on a straight-line basis. Certain option and share grants provide for accelerated vesting if there is a change in control, as defined. For grants of restricted stock, when an employee terminates prior to full vesting the employee retains their vested shares and the employees' unvested shares are returned to the plan. For grants of options for common stock, when an employee terminates prior to full vesting, the employee may elect to exercise their vested options for a period of ninety days and any unvested options are returned to the plan. Shares issued to satisfy awards are provided from the Company's authorized shares. As of December 31, 2014 there were a total of 0.4 million shares available for grant under the Award Plan. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The accounting for equity-based compensation expense requires the Company to make estimates and judgments that affect its financial statements. These estimates include the following. </font>
</p>
<p style="margin:5pt 0pt 5pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Expected Dividend Yield—Prior to the initial declaration of a quarterly cash dividend in the third quarter of 2012, the Company used an expected dividend yield of 0% as the Company did not historically pay cash dividends on its common stock. The Company now uses an expected dividend yield based upon expected annual dividends and the stock price. </font>
</p>
<p style="margin:5pt 0pt 5pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Expected Volatility—The Company uses its historical volatility for a period commensurate with the expected term of the option. </font>
</p>
<p style="margin:5pt 0pt 5pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Risk-Free Interest Rate—The Company uses the zero coupon US Treasury rate during the quarter having a term that most closely resembles the expected term of the option. </font>
</p>
<p style="margin:5pt 0pt 5pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Expected Term of the Option—The Company estimates the expected life of the option term by analyzing historical stock option exercises. </font>
</p>
<p style="margin:5pt 0pt 5pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Forfeiture Rates—The Company estimates its forfeiture rate based on historical data with further consideration given to the class of employees to whom the options or shares were granted. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The weighted-average per share grant date fair value of options was $8.32 in 2014, $9.44 in 2013 and $9.00 in 2012. The following assumptions were used for determining the fair value of options granted in the three years ended December 31, 2014: </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Black-Scholes Assumptions </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Dividend yield</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3.6
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.0
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.3
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Expected volatility</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37.0
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>58.5
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>61.6
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Risk-free interest rate</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.6
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.8
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.7
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Expected life of the option term (in years)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.6
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.8
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.8
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Stock option activity under the Company's Award Plan during the year ended December 31, 2014, was as follows: </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Number of</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Options </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Weighted-Average</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Exercise Price </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Outstanding at December 31, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>175,578
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19.36
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Granted</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>83,540
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>35.11
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Cancelled and expired</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(31,842
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31.01
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Exercised—intrinsic value $0.8 million; cash received $0.5 million</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(38,379
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14.19
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Outstanding at December 31, 2014—$2.0 million intrinsic value and 6.7 years weighted-average remaining contractual term</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>188,897
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25.41
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Exercisable at December 31, 2014—$1.7 million intrinsic value and 4.7 years weighted-average remaining contractual term</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>105,709
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19.78
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Expected to vest—$1.9 million intrinsic value and 6.3 years weighted-average remaining contractual term</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>169,527
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24.43
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> A summary of the Company's non-vested restricted stock awards as of December 31, 2014 and the changes during the year ended December 31, 2014 are as follows: </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Non-vested awards </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Shares </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Weighted-Average</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Grant Date</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Fair Value </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Non-vested at December 31, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,039,323
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18.69
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Granted</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>792,550
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34.57
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Vested</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(513,937
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19.33
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Forfeited</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(35,290
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18.23
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Non-vested at December 31, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,282,646
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28.26
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The weighted average per share grant date fair value of restricted stock granted was $34.57 in 2014 (0.8 million shares) $27.82 in 2013 (0.2 million shares) and $17.74 in 2012 (1.3 million shares). The fair value was determined using the quoted market price of the Company's common stock on the date of grant. The fair value of shares of restricted stock vested in the years ended December 31, 2014, 2013 and 2012 was $19.0 million $21.7 million and $8.8 million, respectively. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Equity-based compensation expense related to stock options and restricted stock was $9.6 million, $8.7 million, and $8.3 million for the years ended December 31, 2014, 2013, and 2012, respectively. The income tax benefit related to stock options and restricted stock was $2.1 million, $2.5 million, and $0 for the years ended December 31, 2014, 2013, and 2012, respectively The Company capitalized compensation expense related to stock options and restricted stock of $0.8 million for each of the years ended December 31, 2014, 2013, and 2012. As of December 31, 2014 there was $31.1 million of total unrecognized compensation cost related to non-vested equity-based compensation awards. That cost is expected to be recognized over a weighted average period of 2.9 years. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
9549000
9549000
4537000
5012000
35352000
35352000
5489000
6145000
6512000
17206000
54216000
54216000
18352000
7882000
13792000
14190000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">A summary of the Company's quarterly dividends paid since its initial dividend payment is as follows (in thousands, except per share amounts): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Dividend Period </font></p>
</td>
<td valign="bottom" style="width:00.82%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:16.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amount per</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Common Share </font></p>
</td>
<td valign="bottom" style="width:00.82%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Record Date </font></p>
</td>
<td valign="bottom" style="width:00.82%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Payment Date </font></p>
</td>
<td valign="bottom" style="width:00.82%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:10.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Total</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Dividends</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Paid </font></p>
</td>
<td valign="bottom" style="width:00.82%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q3 2012</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.64%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.70%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.10
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">August 22, 2012</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">September 12, 2012</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.62%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.94%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,537
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q4 2012</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.70%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.11
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">November 21, 2012</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">December 12, 2012</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.62%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.94%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,012
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q1 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.64%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.70%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.12
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">March 4, 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">March 15, 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.62%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.94%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,489
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q2 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.70%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.13
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">May 31, 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">June 18, 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.62%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.94%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,145
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q3 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.64%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.70%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.14
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">September 5, 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">September 25, 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.62%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.94%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,512
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q4 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.70%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.37
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">November 27, 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">December 20, 2013</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.62%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.94%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,206
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q1 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.64%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.70%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.39
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">March 7, 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">March 27, 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.62%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.94%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18,352
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q2 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.70%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.17
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">May 30, 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">June 18, 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.62%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.94%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,882
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q3 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.64%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.70%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.30
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">August 29, 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">September 19, 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.62%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.94%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,792
</td>
<td valign="bottom" style="width:00.82%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:16.98%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q4 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.70%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.31
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:25.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">November 26, 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:26.10%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">December 12, 2014</font></p>
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.62%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.94%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,190
</td>
<td valign="bottom" style="width:00.82%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
-0.09
0.01
1.22
0.03
0.05
1.14
0.00
0.02
0.03
0.00
-0.01
-0.09
0.01
1.21
0.03
0.05
1.10
0.00
0.02
0.03
0.00
-0.01
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Basic and diluted net (loss) income per common share </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Basic earnings per share ("EPS") excludes dilution for common stock equivalents and is computed by dividing net income or (loss) available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock outstanding during each period, adjusted for the effect of dilutive common stock equivalents. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Shares of restricted stock are included in the computation of basic EPS as they vest and are included in diluted EPS, to the extent they are dilutive, determined using the treasury stock method. As of December 31, 2014, 2013 and 2012, 1.3 million, 1.0 million and 1.7 million unvested shares of restricted common stock, respectively, are not included in the computation of basic income per share, as these shares were not vested and as of December 31, 2014, 0.4 million anti-dilutive shares of restricted common stock are excluded from the computation of diluted income per share. Using the "if-converted" method, the shares issuable upon conversion of the Company's convertible senior notes (the "Convertible Notes") were anti-dilutive for the years ended December 31, 2013 and 2012. Accordingly, that impact has been excluded from the computation of diluted loss per share. The Convertible Notes were convertible into 1.9 million shares of the Company's common stock at December 31, 2013 and 2012. The Convertible Notes were repaid in June 2014 and are no longer outstanding. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The following details the determination of the diluted weighted average shares for the year ended December 31, 2014 and 2013: </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted average common shares—basic</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,960,720
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,286,735
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Dilutive effect of stock options</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>59,196
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>76,884
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Dilutive effect of restricted stock</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>329,754
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>633,285
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted average common shares—diluted</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,349,670
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,996,904
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
535000
127000
-3553000
2952000
3371000
800000
800000
800000
500000
31100000
P2Y10M24D
0
2500000
2100000
273000
8029000
174000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Financial instruments </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company considers all highly liquid investments with an original maturity of three months or less at purchase to be cash equivalents. The Company determines the appropriate classification of its investments at the time of purchase and evaluates such designation at each balance sheet date. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> At December 31, 2014 and December 31, 2013, the carrying amount of cash and cash equivalents, accounts receivable, prepaid and other current assets, accounts payable, and accrued expenses approximated fair value because of the short-term nature of these instruments. The Company measures its cash equivalents at amortized cost, which approximates fair value based upon quoted market prices (Level 1). Based upon recent trading prices (Level 2—market approach) at December 31, 2014 the fair value of the Company's $200.0 million senior unsecured notes was $196.0 million and the fair value of the Company's $240.0 million senior secured notes was $250.8 million. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company was party to letters of credit totaling $0.4 million as of December 31, 2014 and $0.4 million as of December 31, 2013. These letters of credit are secured by investments that are restricted and included in deposits and other assets. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Foreign currency translation adjustment and comprehensive income (loss) </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The consolidated financial statements of the Company's non-US operations are translated into US dollars using the period-end foreign currency exchange rates for assets and liabilities and the average foreign currency exchange rates for revenues and expenses. Gains and losses on translation of the accounts are accumulated and reported as a component of other comprehensive income (loss) in stockholders' equity. The Company's only components of "other comprehensive income (loss)" are currency translation adjustments for all periods presented. The Company considers the majority of its investments in its foreign subsidiaries to be long-term in nature. The Company's foreign exchange transaction gains (losses), including where its investments in its foreign subsidiaries are not considered to be long-term in nature, are included within interest income and other on the consolidated statements of comprehensive income (loss). </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
971000
1001000
10382000
10950000
-9000000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Long-lived assets </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's long-lived assets include property and equipment. These long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Impairment is determined by comparing the carrying value of these long-lived assets to management's probability weighted estimate of the future undiscounted cash flows expected to result from the use of the assets. In the event an impairment exists, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the asset, which would be determined by using quoted market prices or valuation techniques such as the discounted present value of expected future cash flows, appraisals, or other pricing models. In the event there are changes in the planned use of the Company's long-term assets or the Company's expected future undiscounted cash flows are reduced significantly, the Company's assessment of its ability to recover the carrying value of these assets could change. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
20411000
30779000
31645000
-3500000
6987000
4491000
-23911000
-23792000
-27154000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">5. Income taxes: </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The components of income (loss) before income taxes consist of the following (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Domestic</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31,645
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,779
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20,411
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Foreign</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(27,154
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(23,792
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(23,911
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total income (loss) before income taxes</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,491
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,987
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,500
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The income tax (expense) benefit is comprised of the following (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Current:</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Federal</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(126
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">State</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(243
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(83
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,285
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Foreign</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(169
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(284
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(344
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Deferred:</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Federal</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,352
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>49,317
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">State</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(824
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>995
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,245
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Foreign</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(243
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,447
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total income tax (expense) benefit</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,694
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>49,702
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(751
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Our consolidated temporary differences comprising our net deferred tax assets are as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="5" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Deferred Tax Assets:</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net operating loss carry-forwards</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>366,686
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>402,484
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Depreciation and amortization</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,769
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,110
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Tax credits</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,208
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,775
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Equity-based compensation</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>849
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Accrued liabilities and other</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20,705
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,748
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 30pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total gross deferred tax assets</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>398,217
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>412,117
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Deferred Tax Liabilities:</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Convertible notes</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,150
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Equity-based compensation</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>248
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 30pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total gross deferred tax liabilities</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,398
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net deferred tax assets before valuation allowance</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>398,217
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>410,719
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Valuation allowance</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(345,250
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(354,537
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net deferred tax asset</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>52,967
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,182
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> At each balance sheet date, the Company assesses the likelihood that it will be able to realize its deferred tax assets. The Company considers all available positive and negative evidence in assessing the need for a valuation allowance. At December 31, 2013, the Company concluded that it was more likely than not that it would be able to realize certain of its US Federal and state deferred tax assets primarily as a result of expected future US Federal taxable income related to its operations in the United States. Accordingly, the Company reduced the valuation allowance related to these deferred tax assets and recorded an income tax benefit of $52.2 million in the year ended December 31, 2013. The Company maintains a full valuation allowance against its other deferred tax assets consisting primarily of net operating loss carryforwards related to its foreign operations in Europe and Mexico and net operating losses in the United States that are limited for use under Section 382 of the Internal Revenue Code. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> As of December 31, 2014, the Company has combined net operating loss carry-forwards of approximately $1.2 billion. This amount includes federal and state net operating loss carry-forwards in the United States of approximately $390.6 million, net operating loss carry-forwards related to its European, Mexican, Canadian and Japanese operations of approximately $786.3 million, $1.8 million,$0.4 million and $0.1 million, respectively. Section 382 of the Internal Revenue Code in the United States limits the utilization of net operating losses when ownership changes, as defined by that section, occur. The Company has performed an analysis of its Section 382 ownership changes and has determined that the utilization of certain of its net operating loss carryforwards in the United States is limited and for those carryforwards with limitations the Company continues to maintain a valuation allowance. Of the $390.6 million of net operating losses available at December 31, 2014 in the United States approximately $286 million are unavailable for use and approximately $81 million are limited for use under Section 382. Our net operating loss carryforwards outside of the United States totaling approximately $789 million are not subject to limitations similar to Section 382. The net operating loss carryforwards in the United States and Canada will expire, if unused, between 2024 and 2034. The net operating loss carry-forwards related to the Company's Mexican and Japanese operations expire if unused, between 2019 and 2024. The net operating loss carry-forwards related to the Company's European operations include $641.7 million that do not expire and $144.6 million that expire between 2015 and 2029. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company has not provided for United States deferred income taxes or foreign withholding taxes on its undistributed earnings for certain non-US subsidiaries earnings or cumulative translation adjustments because these earnings and adjustments are intended to be permanently reinvested in operations outside the United States. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> In the normal course of business the Company takes positions on its tax returns that may be challenged by taxing authorities. The Company evaluates all uncertain tax positions to assess whether the position will more likely than not be sustained upon examination. If the Company determines that the tax position is more likely than not to be sustained, the Company records the amount of the benefit that is more likely than not to be realized when the tax position is settled. This liability, including accrued interest and penalties, is included in other long-term liabilities in the accompanying balance sheets and was $1.0 million as of December 31, 2014 and $1.1 million as of December 31, 2013. The Company expects that its liability for uncertain tax positions will decrease by approximately $0.1 million during the twelve months ended December 31, 2015, due to the expiration of certain statutes of limitation, however, actual changes in the liability for uncertain tax positions could be different than currently expected. If recognized, changes in the Company's total unrecognized tax benefits would impact the Company's effective income tax rate. The roll-forward of the liability for uncertain tax positions is below and excludes interest and penalties. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Beginning balance of unrecognized tax benefits</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,000
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,312
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,875
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Change attributable to tax positions taken during a prior period</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>82
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(51
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>745
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Decrease attributable to settlements with taxing authorities</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(160
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,655
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Decrease attributable to lapses of statutes of limitation</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(56
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(261
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(653
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Ending balance of unrecognized tax benefits</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>866
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,000
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,312
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company or one of its subsidiaries files income tax returns in the US federal jurisdiction and various state and foreign jurisdictions. The Company is subject to US federal tax and state tax examinations for years 2004 to 2014. The Company is subject to tax examinations in its foreign jurisdictions generally for years 2005 to 2014. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The following is a reconciliation of the Federal statutory income taxes to the amounts reported in the financial statements (in thousands). </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Federal income tax (expense) benefit at statutory rates</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,572
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,445
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,225
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Effect of:</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">State income taxes, net of federal benefit</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(590
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(454
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,152
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Impact of foreign operations</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(267
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>95
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>147
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Non-deductible expenses</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(659
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(461
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,549
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Changes in tax reserves</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>165
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>503
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,552
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Other</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(191
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>277
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Changes in valuation allowance—US</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(580
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>52,187
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Income tax (expense) benefit</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,694
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>49,702
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(751
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
428000
822000
1896000
751000
-49702000
3694000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Income taxes </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's deferred tax assets or liabilities are computed based upon the differences between financial statement and income tax bases of assets and liabilities using the enacted marginal tax rate. Deferred income tax expenses or benefits are based upon the changes in the assets or liability from period to period. At each balance sheet date, the Company assesses the likelihood that it will be able to realize its deferred tax assets. Valuation allowances are established when management determines that it is "more likely than not" that some portion or all of the deferred tax asset may not be realized. The Company considers all available positive and negative evidence in assessing the need for a valuation allowance including its historical operating results, ongoing tax planning, and forecasts of future taxable income, on a jurisdiction by jurisdiction basis. The Company reduces its valuation allowance if the Company concludes that it is "more likely than not" that it would be able to realize its deferred tax assets. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Management determines whether a tax position is more likely than not to be sustained upon examination based on the technical merits of the position. Once it is determined that a position meets this recognition threshold, the position is measured to determine the amount of benefit to be recognized in the financial statements. The Company adjusts its estimated liabilities for uncertain tax positions periodically because of ongoing examinations by, and settlements with, the various taxing authorities, as well as changes in tax laws, regulations and interpretations. The Company's policy is to recognize interest and penalties accrued on any unrecognized tax benefits as a component of its income tax expense. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
-22000
-52187000
580000
-147000
-95000
267000
-1225000
2445000
1572000
2549000
461000
659000
-1552000
-503000
-165000
-4000
-277000
191000
1152000
454000
590000
-1247000
6293000
3938000
-2692000
50069000
-3163000
4371000
6234000
4497000
-459000
3642000
2338000
76884
633285
59196
329754
1851000
2630000
536000
36319000
41797000
49945000
6806000
7329000
1200000
3525000
920000
920000
419000
26107000
34511000
46531000
11672000
11828000
400000
400000
561609000
677981000
755101000
761775000
143694000
60032000
440000000
200000000
240000000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">4. Long-term debt: </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Senior unsecured notes </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> On April 9, 2014, Cogent Communications Finance, Inc. ("Cogent Finance"), a newly formed financing subsidiary of Group, completed an offering at par of $200.0 million in aggregate principal amount of 5.625% Senior Notes due 2021 (the "2021 Notes"). The 2021 Notes were sold in private offerings for resale to qualified institutional buyers pursuant to SEC Rule 144A. The offering closed into escrow pursuant to an escrow agreement, dated as of April 9, 2014 (the "Escrow Agreement"). The term "Issuer" refers to Cogent Finance prior to the release of the funds from the escrow account (such date of release, the "Escrow Release Date") and to Group after the Escrow Release Date. As a condition to releasing the funds from escrow Group redeemed its remaining outstanding Convertible Notes on June 20, 2014 (the "Redemption Transaction"). After consummation of the Redemption Transaction, Cogent Finance merged with Group, with Group continuing as the surviving corporation (the "Finance Merger"). At the time of consummation of the Finance Merger, Group assumed the obligations of Cogent Finance under the 2021 Notes and the indenture governing the 2021 Notes (the "Indenture") and Group and each of Group's domestic subsidiaries became party to the Indenture pursuant to a supplemental indenture to the Indenture and the obligations under the Indenture became obligations solely of Group and each of Group's domestic subsidiaries. Holdings also provided a guarantee of the 2021 Notes but Holdings is not subject to the covenants under the Indenture. After the conditions to the release of the escrow proceeds were satisfied, on June 25, 2014 (the "Escrow Release Date") the proceeds from the 2021 Notes were released. The net proceeds from the offering were $195.8 million after deducting commissions and offering expenses. Issuance costs are included in deposits and other assets. The net proceeds from the offering are intended to be used for general corporate purposes. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The 2021 Notes were issued pursuant to, and are governed by the Indenture between Cogent Finance and the trustee. The 2021 Notes bear interest at a rate of 5.625% per year and will mature on April 15, 2021. Interest began to accrue on the 2021 Notes on April 9, 2014 and will be paid semi-annually on April 15 and October 15, commencing on October 15, 2014. Following the Escrow Release Date, the 2021 Notes became Group's senior unsecured obligations and are guaranteed on a senior unsecured basis by the Company. The 2021 Notes are effectively subordinated in right of payment to all of Group's and each guarantor's secured indebtedness, including Group's existing $240.0 million of senior secured notes, described below, and future secured indebtedness, if any, to the extent of the value of the assets securing such indebtedness. The 2021 Notes are equal in right of payment with Group's and each guarantor's unsecured indebtedness that is not subordinated in right of payment to the 2021 Notes. The 2021 Notes will rank senior in right of payment to Group's and each guarantor's future subordinated debt, if any; and will be structurally subordinated in right of payment to all indebtedness and other liabilities of any of the Group's subsidiaries that are not guarantors, which will only consist of immaterial subsidiaries and foreign subsidiaries that do not guarantee other indebtedness of Group. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Group may redeem the 2021 Notes, in whole or in part, at any time prior to April 15, 2017 at a price equal to 100% of the principal amount plus an "applicable" premium, plus accrued and unpaid interest, if any, to the date of redemption. The "applicable" premium means, with respect to a note at any date of redemption, the greater of (i) 1.0% of the then-outstanding principal amount of such note and (ii) the excess of (A) the present value at such date of redemption of (1) the redemption price of 104.219% plus (2) all remaining required interest payments due on such note through April 15, 2017 (excluding accrued but unpaid interest to the date of redemption), computed using a discount rate equal to the Treasury Rate as of such date of redemption plus 50 basis points, over (B) the then-outstanding principal amount of such note. Group may also redeem the 2021 Notes, in whole or in part, at any time on or after April 15, 2017 at the applicable redemption prices specified under the indenture governing the 2021 Notes plus accrued and unpaid interest, if any, to the date of redemption. The redemption prices (expressed as a percentage of the principal amount) are 104.219% during the 12-month period beginning on April 15, 2017, 102.813% during the 12-month period beginning on April 15, 2018, 101.406% during the 12-month period beginning on April 15, 2019 and 100.0% during the 12-month period beginning on April 15, 2020 and thereafter. In addition, the Company may redeem up to 35% of the 2021 Notes before April 15, 2017 with the net cash proceeds from certain equity offerings at a redemption price of 105.625% of the principal amount plus accrued and unpaid interest. If Group experiences specific kinds of changes of control, Group must offer to repurchase all of the 2021 Notes at a purchase price of 101.0% of their principal amount, plus accrued and unpaid interest, if any, to the repurchase date. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The indenture governing the 2021 Notes, among other things, limits Group's and its restricted subsidiaries ability to incur indebtedness; to pay dividends or make other distributions; to make certain investments and other restricted payments; to create liens; consolidate, merge, sell or otherwise dispose of all or substantially all of its assets; to incur restrictions on the ability of a subsidiary to pay dividends or make other payments; and to enter into certain transactions with its affiliates. Limitations on the ability to incur additional indebtedness (excluding IRU agreements incurred in the normal course of business and certain refinancing of existing debt) include a restriction on incurring additional indebtedness if the Company's consolidated leverage ratio, as defined in the Indenture is greater than 5.0. Permitted investments and payments that are not restricted include an amount of up to $150.0 million. This amount may be increased by the Company's consolidated cash flow, as defined in the Indenture as long as the Company's consolidated leverage ratio is less than 4.25. Holdings had cash and cash equivalents totaling $66.0 million as of December 31, 2014 which are not subject to these limitations. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Senior secured notes </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> As described in Note 12, the Company expects to redeem its 8.375% Senior Secured Notes (the "Senior Notes") in March 2015. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> On January 26, 2011 and on August 19, 2013, the Company issued its Senior Notes due February 15, 2018, for aggregate principal amounts of $175.0 million and $65.0 million, respectively, in private offerings for resale to qualified institutional buyers pursuant to SEC Rule 144A. The Senior Notes were secured and bore interest at 8.375% per annum. Interest was payable in cash semiannually in arrears on February 15 and August 15, of each year. On January 26, 2011, the Company received net proceeds of $170.5 million after deducting $4.5 million of issuance costs from issuing $175.0 million of Senior Notes. On August 19, 2013, the Company received net proceeds of $69.9 million after deducting $1.0 million of issuance costs from issuing $65.0 million of Senior Notes. The Senior Notes sold in August 2013 were sold at 109.00% of par value. The $5.9 million premium was being amortized as a reduction to interest expense to the maturity date using the effective interest rate method. Issuance costs are included in deposits and other assets. The net proceeds from the Senior Notes were intended to be used for general corporate purposes, the buyback of the Company's Convertible Notes if the holders exercise their put, and/or repurchases of its common stock or Convertible Notes or special or recurring dividends to the Company's stockholders. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Senior Notes were fully guaranteed on a senior secured basis, jointly and severally, by each of the Company's existing domestic and future material domestic subsidiaries, subject to certain exceptions and permitted liens. Under certain circumstances, the Company's subsidiaries may be released from these guarantees without the consent of the holders of the Senior Notes. The Senior Notes and the guarantees were secured by (i) first priority liens on substantially all of the Company's and guarantors' assets, (ii) all of the equity interests in any of its domestic subsidiaries and (iii) 65% of the equity interests of its first-tier foreign subsidiaries held by the Company and its guarantors. The Senior Notes and the guarantees represent the Company's and the guarantors' senior secured obligations and effectively ranked equally and ratably with all of its and the guarantors' existing and future first lien obligations, to the extent of the value of the collateral securing such indebtedness, subject to permitted liens; were structurally subordinated to any existing and future indebtedness and liabilities of non-guarantor subsidiaries and ranked equally in right of payment with all of its and the guarantors' existing and future senior indebtedness. Holdings was also a guarantor of the Senior Notes, however, Holdings' guarantee was unsecured and thus its guarantee was not secured by any of Holdings assets. Holdings was also not subject to the covenants under the indenture governing the Senior Notes. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company could redeem the Senior Notes, in whole or in part, at any time prior to February 15, 2015 at a price equal to 100% of the principal amount plus a "make-whole" premium, plus accrued and unpaid interest, if any, to the date of redemption. The "make whole" premium means, with respect to a note at any date of redemption, the greater of (i) 1.0% of the then-outstanding principal amount of such note and (ii) the excess of (A) the present value at such date of redemption of (1) the redemption price of 104.188%, plus (2) all remaining required interest payments due on such note through February 15, 2015 (excluding accrued but unpaid interest to the date of redemption), computed using a discount rate equal to the Treasury Rate as of such date of redemption plus 50 basis points, over (B) the then-outstanding principal amount of such note. The Company could also redeem the Senior Notes, in whole or in part, at any time on or after February 15, 2015 at the applicable redemption prices specified under the indenture governing the Senior Notes plus accrued and unpaid interest, if any, to the date of redemption. The redemption prices (expressed as a percentage of the principal amount) were 104.188% during the 12-month period beginning on February 15, 2015, 102.094% during the 12-month period beginning on February 15, 2016 and 100.0% during the 12-month period beginning on February 15, 2017 and thereafter. In addition, the Company could redeem up to 35% of the Senior Notes before February 15, 2014 with the net cash proceeds from certain equity offerings at a redemption price of 108.375% of the principal amount plus accrued and unpaid interest. If the Company experienced specific kinds of changes of control, the Company must have offered to repurchase all of the Senior Notes at a purchase price of 101.0% of their principal amount, plus accrued and unpaid interest, if any, to the repurchase date. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Convertible senior notes </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> In June 2007, the Company issued its Convertible Notes for an aggregate principal amount of $200.0 million in a private offering for resale to qualified institutional buyers pursuant to SEC Rule 144A. The Convertible Notes were scheduled to mature on June 15, 2027, were unsecured, and bore interest at 1.00% per annum. Interest was payable in cash semiannually in arrears on June 15 and December 15, of each year, beginning on December 15, 2007. The Company received net proceeds from the issuance of the Convertible Notes of approximately $195.1 million, after deducting the original issue discount of 2.25% and issuance costs. The discount and other issuance costs were being amortized to interest expense using the effective interest method through June 15, 2014, which was the earliest put date. In 2008, the Company purchased an aggregate of $108.0 million of face value of the Convertible Notes for $48.6 million in cash in a series of transactions resulting in $92.0 million of principal amount of the Convertible Notes remaining after these purchase transactions. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Holders of the Convertible Notes had the right to require the Company to repurchase for cash all or some of their notes on June 15, 2014, 2017 and 2022 at a redemption price of 100% of the principal amount plus accrued interest. Holders of $58.5 million of principal amount of the Convertible Notes issued a repurchase notice to the Company and on June 16, 2014 the Company repaid $58.5 million of Convertible Notes principal amount plus accrued interest. The Convertible Notes may have been redeemed by the Company at any time on and after June 20, 2014 at a redemption price of 100% of the principal amount plus accrued interest. On June 20, 2014 the Company redeemed the remaining $33.5 million principal amount of the Convertible Notes. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> As of December 31, 2013, the Convertible Notes were classified as a current liability since the earliest put date in June 2014 was within one year. The Company separately accounted for the debt and equity components of its Convertible Notes in a manner that reflected its nonconvertible unsecured debt borrowing rate. The debt and equity components for the Convertible Notes were as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Principal amount of convertible senior notes</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>91,978
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Unamortized discount</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,099
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net carrying amount</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>88,879
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Additional paid-in capital</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>74,933
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The amount of interest expense recognized and effective interest rate for the Convertible Notes were as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Contractual coupon interest</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>419
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>920
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>920
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Amortization of discount and costs</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,106
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,409
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,886
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Interest expense</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,525
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,329
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,806
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Effective interest rate</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.7
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.7
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.7
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Long-term debt maturities </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The aggregate future contractual maturities of long-term debt were as follows as of December 31, 2014 (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">For the year ending December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2015</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2016</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2017</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2018</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>240,000
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2019</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Thereafter</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>200,000
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>440,000
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> As described in Note 12, the $240.0 million of Senior Notes due in 2018 are expected to be redeemed in March 2015. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
2100000
3
9078000
57581000
-17076000
-27204000
24584000
-26627000
-44196000
-48981000
-59942000
79943000
81851000
73046000
-4251000
-4251000
361000
56689000
56689000
1607000
2122000
52599000
125000
797000
797000
1208000
-184000
-352000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:0pt 0pt 12pt 18pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Recent accounting pronouncements </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> On May 28, 2014, the FASB issued ASU No. 2014-09, </font><font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Revenue from Contracts with Customers</font><font style="display: inline;font-family:Times;font-size:10pt;">, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The new standard is effective for the Company beginning on January 1, 2017. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
341231000
89879000
251352000
360795000
94082000
266713000
1
30968000
9905000
46154000
11601000
12577000
12065000
12907000
53900000
14309000
13614000
13066000
158011000
31947000
13124000
15891000
18852000
24025000
54172000
33800000
36400000
39100000
1200000000
400000
100000
1800000
390600000
786300000
789000000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">1. Description of the business and summary of significant accounting policies: </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">Reorganization and merger </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> On May 15, 2014, pursuant to the Agreement and Plan of Reorganization (the "Merger Agreement") by and among Cogent Communications Group, Inc. ("Group"), a Delaware corporation, Cogent Communications Holdings, Inc., a Delaware corporation ("Holdings") and Cogent Communications Merger Sub, Inc., a Delaware corporation ("Merger Sub"), Group adopted a new holding company organizational structure whereby Group is now a wholly owned subsidiary of Holdings. Holdings is a "successor issuer" to Group pursuant to Rule 12g-3(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). In connection with the succession, the common stock of Holdings is deemed to be registered under Section 12(b) of the Exchange Act by operation of law. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The holding company organizational structure was effected by a merger (the "Merger") structured as a tax-free transaction and conducted pursuant to Section 251(g) of Delaware General Corporation Law which provides for the formation of a holding company structure without a vote of the stockholders of the constituent corporations. Because the holding company organizational structure has occurred at the parent company level, the remainder of the Company's subsidiaries, operations and customers were not affected by the Merger. Accordingly, the historical financial statements reflect the effect of the reorganization for all periods presented. Under the terms of the Merger Agreement, Merger Sub merged with and into Group, with Group surviving the Merger and becoming a direct, wholly owned subsidiary of Holdings. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Pursuant to the Merger Agreement, all of the outstanding capital stock of Group was converted, on a share for share basis, into the common stock of Holdings. As a result, each former stockholder of Group became the owner of an identical number of shares of common stock of Holdings, evidencing the same proportional interests in the Company (as defined below) and having the same designations, rights, powers and preferences, qualifications, limitations and restrictions, as those that the stockholder held in Group. Additionally, each outstanding option to purchase shares of common stock of Group was automatically converted into an option to purchase, upon the same terms and conditions, an identical number of shares of Holding's common stock. Each outstanding restricted share of common stock of Group was also converted into a restricted share of common stock of Holdings upon the same terms and conditions. The directors and executive officers of the Company immediately after completion of the Merger are comprised of the same persons who were directors of and executive officers of Group immediately prior to the Merger. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> References to the "Company" for events that occurred prior to May 15, 2014 refer to Cogent Communications Group, Inc. and its subsidiaries and on and after May 15, 2014 the "Company" refers to Cogent Communications Holdings, Inc. and its subsidiaries. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">Description of business </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company is a Delaware corporation and is headquartered in Washington, DC. The Company is a facilities-based provider of low-cost, high-speed Internet access and Internet Protocol ("IP") communications services. The Company's network is specifically designed and optimized to transmit data using IP. The Company delivers its services primarily to small and medium-sized businesses, communications service providers and other bandwidth-intensive organizations in North America, Europe and Japan. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company offers on-net Internet access services exclusively through its own facilities, which run from its network to its customers' premises. The Company is not dependent on local telephone companies to serve its customers for its on-net Internet access services because of its integrated network architecture. The Company offers its on-net services to customers located in buildings that are physically connected to its network. The Company's on-net service consists of high-speed Internet access and IP connectivity ranging from 100 Megabits per second to 100 Gigabits per second of bandwidth. The Company provides its on-net Internet access services to its net-centric and corporate customers. The Company's net-centric customers include bandwidth-intensive users such as universities, other Internet service providers, telephone companies, cable television companies, web hosting companies, content delivery network companies and commercial content and application service providers. These net-centric customers obtain the Company's services in colocation facilities and in the Company's data centers. The Company operates data centers throughout North America and Europe that allow its customers to collocate their equipment and access the Company's network. The Company's corporate customers are located in multi-tenant office buildings and typically include law firms, financial services firms, advertising and marketing firms and other professional services businesses. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> In addition to providing its on-net services, the Company provides Internet connectivity to customers that are not located in buildings directly connected to its network. The Company provides this off-net service primarily to corporate customers using other carriers' facilities to provide the "last mile" portion of the link from the customers' premises to the Company's network. The Company also provides certain non-core services that resulted from acquisitions. The Company continues to support but does not actively sell these non-core services. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">Summary of significant accounting policies </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Principles of consolidation </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles and include the accounts of the Company and all of its wholly-owned and majority-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Use of estimates </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The preparation of consolidated financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from these estimates. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Revenue recognition and allowance for doubtful accounts </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's service offerings consist of on-net and off-net telecommunications services. Fixed fees are billed monthly in advance and usage fees are billed monthly in arrears. Revenues from telecommunication services are recognized when the services are performed, evidence of an arrangement exists, the fee is fixed and determinable and collection is probable. The probability of collection is determined by an analysis of credit history for new customers and historical payment patterns for existing customers. Service discounts and incentives related to telecommunication services are recorded as a reduction of revenue when granted. Fees billed in connection with customer installations are deferred and recognized ratably over the longer of the contract term or the estimated customer life. The Company expenses the direct costs associated with sales as incurred. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company invoices certain customers for amounts contractually due for unfulfilled minimum contractual obligations and recognizes a corresponding sales allowance equal to the amount invoiced resulting in the recognition of no net revenue at the time the customer is billed. The Company vigorously seeks payment of these amounts. The Company recognizes revenue for these billings as they are collected. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company establishes an allowance for doubtful accounts and other sales credit adjustments related to its trade receivables. Trade receivables are recorded at the invoiced amount and can bear interest. Allowances for sales credits are established through a reduction of revenue, while allowances for doubtful accounts are established through a charge to selling, general, and administrative expenses as bad debt expense. The Company assesses the adequacy of these reserves by evaluating factors, such as the length of time individual receivables are past due, historical collection experience, and changes in the credit worthiness of its customers. The Company also assesses the ability of specific customers to meet their financial obligations and establishes specific allowances related to these customers. If circumstances relating to specific customers change or economic conditions change such that the Company's past collection experience and assessment of the economic environment are no longer appropriate, the Company's estimate of the recoverability of its trade receivables could be impacted. Accounts receivable balances are written-off against the allowance for doubtful accounts after all means of internal collection activities have been exhausted and the potential for recovery is considered remote. The Company recognized bad debt expense, net of recoveries, of $3.7 million, $3.5 million and $5.1 million for the years ended December 31, 2014, 2013 and 2012, respectively. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Gross Receipts Taxes </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Revenue recognition standards include guidance relating to any tax assessed by a governmental authority that is directly imposed on a revenue-producing transaction between a seller and a customer and may include, but is not limited to, gross receipts taxes and certain state regulatory fees. The Company records certain excise taxes billed to its customers on a gross basis in its consolidated statements of operations. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Network operations </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Network operations expenses include the costs of personnel and related operating expenses associated with service delivery, network management, and customer support, network facilities costs, fiber and equipment maintenance fees, leased circuit costs, and access fees paid to building owners. The Company estimates its accruals for any disputed leased circuit obligations based upon the nature and age of the dispute. Network operations costs are impacted by the timing and amounts of disputed circuit costs. The Company generally records these disputed amounts when billed by the vendor and reverses these amounts when the vendor credit has been received or the dispute has otherwise been resolved. The Company does not allocate depreciation and amortization expense to its network operations expense. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Foreign currency translation adjustment and comprehensive income (loss) </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The consolidated financial statements of the Company's non-US operations are translated into US dollars using the period-end foreign currency exchange rates for assets and liabilities and the average foreign currency exchange rates for revenues and expenses. Gains and losses on translation of the accounts are accumulated and reported as a component of other comprehensive income (loss) in stockholders' equity. The Company's only components of "other comprehensive income (loss)" are currency translation adjustments for all periods presented. The Company considers the majority of its investments in its foreign subsidiaries to be long-term in nature. The Company's foreign exchange transaction gains (losses), including where its investments in its foreign subsidiaries are not considered to be long-term in nature, are included within interest income and other on the consolidated statements of comprehensive income (loss). </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Financial instruments </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company considers all highly liquid investments with an original maturity of three months or less at purchase to be cash equivalents. The Company determines the appropriate classification of its investments at the time of purchase and evaluates such designation at each balance sheet date. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> At December 31, 2014 and December 31, 2013, the carrying amount of cash and cash equivalents, accounts receivable, prepaid and other current assets, accounts payable, and accrued expenses approximated fair value because of the short-term nature of these instruments. The Company measures its cash equivalents at amortized cost, which approximates fair value based upon quoted market prices (Level 1). Based upon recent trading prices (Level 2—market approach) at December 31, 2014 the fair value of the Company's $200.0 million senior unsecured notes was $196.0 million and the fair value of the Company's $240.0 million senior secured notes was $250.8 million. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company was party to letters of credit totaling $0.4 million as of December 31, 2014 and $0.4 million as of December 31, 2013. These letters of credit are secured by investments that are restricted and included in deposits and other assets. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Concentrations of credit risk </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's assets that are exposed to credit risk consist of its cash and cash equivalents, other assets and accounts receivable. As of December 31, 2014 and 2013, the Company's cash equivalents were invested in demand deposit accounts, overnight investments and money market funds. The Company places its cash equivalents in instruments that meet high-quality credit standards as specified in the Company's investment policy guidelines. Accounts receivable are due from customers located in major metropolitan areas in the United States, Europe, Canada and Mexico. Receivables from the Company's net-centric (wholesale) customers are generally subject to a higher degree of credit risk than the Company's corporate customers. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company relies upon an equipment vendor for the majority of its network equipment and is also dependent upon many third-party fiber providers for providing its services to its customers. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Property and equipment </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Property and equipment are recorded at cost and depreciated once deployed using the straight-line method over the estimated useful lives of the assets. Useful lives are determined based on historical usage with consideration given to technological changes and trends in the industry that could impact the asset utilization. System infrastructure costs include the capitalized compensation costs of employees directly involved with construction activities and costs incurred by third party contractors. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Assets and liabilities under capital leases are recorded at the lesser of the present value of the aggregate future minimum lease payments or the fair value of the assets under lease. Leasehold improvements include costs associated with building improvements. The Company determines the number of renewal option periods, if any, included in the lease term for purposes of amortizing leasehold improvements and the lease term of its capital leases based upon its assessment at the inception of the lease for which the failure to renew the lease imposes a penalty on the Company in such amount that a renewal appears to be reasonably assured. Expenditures for maintenance and repairs are expensed as incurred. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Depreciation and amortization periods are as follows: </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Type of asset </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Depreciation or amortization period </font></p>
</td>
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<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Indefeasible rights of use (IRUs)</font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;">Shorter of useful life or the IRU lease agreement; generally 15 to 20 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Network equipment</font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;">3 to 8 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Leasehold improvements</font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;">Shorter of lease term, including reasonably assured renewal periods, or useful life</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Software</font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;">5 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Owned buildings</font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;">40 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Office and other equipment</font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;">3 to 7 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">System infrastructure</font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;">5 to 10 years</font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Long-lived assets </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's long-lived assets include property and equipment. These long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Impairment is determined by comparing the carrying value of these long-lived assets to management's probability weighted estimate of the future undiscounted cash flows expected to result from the use of the assets. In the event an impairment exists, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the asset, which would be determined by using quoted market prices or valuation techniques such as the discounted present value of expected future cash flows, appraisals, or other pricing models. In the event there are changes in the planned use of the Company's long-term assets or the Company's expected future undiscounted cash flows are reduced significantly, the Company's assessment of its ability to recover the carrying value of these assets could change. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Asset retirement obligations </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's asset retirement obligations consist of restoration requirements for certain leased facilities. The Company recognizes a liability for the present value of the estimated fair value of contractual obligations associated with the retirement of long-lived assets that result from the acquisition, construction, development and/or the normal operation of a long-lived asset in the period incurred. The present value of the fair value of the obligation is also capitalized as property, plant and equipment and then amortized over the estimated remaining useful life of the associated asset. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Increases to the asset retirement obligation liability due to the passage of time are recognized within selling, general and administrative expenses in the Company's consolidated statements of operations. Changes in the liability due to revisions to estimates of future cash flows are recognized by increasing or decreasing the liability with the offset adjusting the carrying amount of the related long-lived asset. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Equity-based compensation </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company recognizes compensation expense for its share-based payments granted to its employees based on their grant date fair values with the expense being recognized on a straight-line basis over the requisite service period. The Company begins recording equity-based compensation expense related to performance awards when it is considered probable that the performance conditions will be met. Equity-based compensation expense is recognized in the statement of operations in a manner consistent with the classification of the employee's salary and other compensation. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Income taxes </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's deferred tax assets or liabilities are computed based upon the differences between financial statement and income tax bases of assets and liabilities using the enacted marginal tax rate. Deferred income tax expenses or benefits are based upon the changes in the assets or liability from period to period. At each balance sheet date, the Company assesses the likelihood that it will be able to realize its deferred tax assets. Valuation allowances are established when management determines that it is "more likely than not" that some portion or all of the deferred tax asset may not be realized. The Company considers all available positive and negative evidence in assessing the need for a valuation allowance including its historical operating results, ongoing tax planning, and forecasts of future taxable income, on a jurisdiction by jurisdiction basis. The Company reduces its valuation allowance if the Company concludes that it is "more likely than not" that it would be able to realize its deferred tax assets. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Management determines whether a tax position is more likely than not to be sustained upon examination based on the technical merits of the position. Once it is determined that a position meets this recognition threshold, the position is measured to determine the amount of benefit to be recognized in the financial statements. The Company adjusts its estimated liabilities for uncertain tax positions periodically because of ongoing examinations by, and settlements with, the various taxing authorities, as well as changes in tax laws, regulations and interpretations. The Company's policy is to recognize interest and penalties accrued on any unrecognized tax benefits as a component of its income tax expense. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Basic and diluted net (loss) income per common share </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Basic earnings per share ("EPS") excludes dilution for common stock equivalents and is computed by dividing net income or (loss) available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is based on the weighted-average number of shares of common stock outstanding during each period, adjusted for the effect of dilutive common stock equivalents. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Shares of restricted stock are included in the computation of basic EPS as they vest and are included in diluted EPS, to the extent they are dilutive, determined using the treasury stock method. As of December 31, 2014, 2013 and 2012, 1.3 million, 1.0 million and 1.7 million unvested shares of restricted common stock, respectively, are not included in the computation of basic income per share, as these shares were not vested and as of December 31, 2014, 0.4 million anti-dilutive shares of restricted common stock are excluded from the computation of diluted income per share. Using the "if-converted" method, the shares issuable upon conversion of the Company's convertible senior notes (the "Convertible Notes") were anti-dilutive for the years ended December 31, 2013 and 2012. Accordingly, that impact has been excluded from the computation of diluted loss per share. The Convertible Notes were convertible into 1.9 million shares of the Company's common stock at December 31, 2013 and 2012. The Convertible Notes were repaid in June 2014 and are no longer outstanding. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The following details the determination of the diluted weighted average shares for the year ended December 31, 2014 and 2013: </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;font-weight:bold;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted average common shares—basic</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,960,720
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,286,735
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Dilutive effect of stock options</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>59,196
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>76,884
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Dilutive effect of restricted stock</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>329,754
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>633,285
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted average common shares—diluted</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,349,670
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,996,904
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Recent accounting pronouncements </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> On May 28, 2014, the FASB issued ASU No. 2014-09, </font><font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Revenue from Contracts with Customers</font><font style="display: inline;font-family:Times;font-size:10pt;">, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The new standard is effective for the Company beginning on January 1, 2017. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
31465000
32151000
1249000
1249000
1469000
1469000
-8598000
-8598000
19965000
21775000
1265000
58582000
10186000
10707000
1400000
1400000
4500000
1000000
15800000
9549000
35352000
54216000
44337000
49031000
60032000
0.001
10000
18777000
18762000
195100000
170500000
69900000
195800000
69882000
195824000
141000
50000
90000
404000
1218000
533000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">2. Property and equipment: </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Property and equipment consisted of the following (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="5" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Owned assets:</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Network equipment</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>432,848
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>404,426
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Leasehold improvements</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>161,470
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>147,718
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">System infrastructure</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>86,749
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>79,811
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Software</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,562
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,531
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Office and other equipment</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,893
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,521
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Building</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,353
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,532
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Land</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>115
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>130
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>704,990
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>655,669
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Less—Accumulated depreciation and amortization</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(553,113
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(521,290
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>151,877
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>134,379
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Assets under capital leases:</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">IRUs</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>342,600
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>329,415
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Less—Accumulated depreciation and amortization</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(133,716
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(122,601
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>208,884
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>206,814
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Property and equipment, net</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>360,761
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>341,193
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Depreciation and amortization expense related to property and equipment and capital leases was $69.5 million, $64.3 million and $62.4 million, for the years ended December 31, 2014, 2013 and 2012, respectively. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company capitalizes the compensation cost of employees directly involved with its construction activities. In 2014, 2013 and 2012, the Company capitalized compensation costs of $7.6 million, $7.4 million and $7.2 million respectively. These amounts are included in system infrastructure costs. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> In 2014, 2013 and 2012 the Company exchanged certain used network equipment for new network equipment and cash consideration. The fair value of the equipment received was estimated to be $23.1 million, $2.0 million and $1.7 million resulting in gains of $10.8 million, $0.9 million and $0.7 million respectively. The estimated fair value of the equipment received was based upon the cash consideration price the Company pays for the new network equipment on a standalone basis (Level 3). </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
985084000
12521000
655669000
329415000
1532000
404426000
130000
147718000
9531000
79811000
1047590000
12893000
704990000
342600000
1353000
432848000
115000
161470000
9562000
86749000
341193000
134379000
206814000
360761000
151877000
208884000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Property and equipment </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Property and equipment are recorded at cost and depreciated once deployed using the straight-line method over the estimated useful lives of the assets. Useful lives are determined based on historical usage with consideration given to technological changes and trends in the industry that could impact the asset utilization. System infrastructure costs include the capitalized compensation costs of employees directly involved with construction activities and costs incurred by third party contractors. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Assets and liabilities under capital leases are recorded at the lesser of the present value of the aggregate future minimum lease payments or the fair value of the assets under lease. Leasehold improvements include costs associated with building improvements. The Company determines the number of renewal option periods, if any, included in the lease term for purposes of amortizing leasehold improvements and the lease term of its capital leases based upon its assessment at the inception of the lease for which the failure to renew the lease imposes a penalty on the Company in such amount that a renewal appears to be reasonably assured. Expenditures for maintenance and repairs are expensed as incurred. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Depreciation and amortization periods are as follows: </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Type of asset </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Depreciation or amortization period </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Indefeasible rights of use (IRUs)</font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Shorter of useful life or the IRU lease agreement; generally 15 to 20 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Network equipment</font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">3 to 8 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Leasehold improvements</font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Shorter of lease term, including reasonably assured renewal periods, or useful life</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Software</font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">5 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Owned buildings</font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">40 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Office and other equipment</font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">3 to 7 years</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">System infrastructure</font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="top" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">5 to 10 years</font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Property and equipment consisted of the following (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:1.00pt;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
<font style="display: inline;font-size:1pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.20pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:1.00pt;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
</p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:1.00pt;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
</p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:1.00pt;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
</p>
</td>
<td valign="bottom" style="width:04.25pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:1.00pt;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
</p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:1.00pt;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
</p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:1.00pt;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
</p>
</td>
<td valign="bottom" style="width:04.25pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;height:1.00pt;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
</p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.20pt;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="5" valign="bottom" style="width:108.15pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31, </font></p>
</td>
<td valign="bottom" style="width:04.25pt;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.20pt;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:51.95pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:04.25pt;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:51.95pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:04.25pt;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Owned assets:</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Network equipment</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>432,848
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>404,426
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Leasehold improvements</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>161,470
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>147,718
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">System infrastructure</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>86,749
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>79,811
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Software</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,562
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,531
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Office and other equipment</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,893
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,521
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Building</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,353
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,532
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Land</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>115
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>130
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>704,990
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>655,669
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Less—Accumulated depreciation and amortization</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(553,113
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(521,290
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>151,877
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>134,379
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Assets under capital leases:</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">IRUs</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>342,600
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>329,415
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Less—Accumulated depreciation and amortization</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(133,716
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(122,601
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>208,884
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>206,814
</td>
<td valign="bottom" style="width:04.25pt;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Property and equipment, net</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>360,761
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.35pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:45.60pt;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>341,193
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:258.80pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:03.20pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:06.35pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:45.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:04.25pt;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
P40Y
P5Y
P7Y
P3Y
P20Y
P15Y
P8Y
P3Y
P10Y
P5Y
28900000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">11. Quarterly financial information (unaudited): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="11" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Three months ended </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">March 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">June 30,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">September 30,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="11" valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">(in thousands, except share and per share amounts)</font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Service revenue</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>92,937
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>94,623
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>95,691
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>96,749
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Network operations, including equity-based compensation expense</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,836
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,605
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,407
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,046
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Operating income</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,907
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,309
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,614
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,066
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income (loss)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>125
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,208
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(184
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(352
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income (loss) per common share—basic</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.00
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.03
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.00
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.01
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income (loss) per common share—diluted</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.00
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.03
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.00
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.01
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted-average number of common shares—basic</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,409,735
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,897,449
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,629,079
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,229,125
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted-average number of common shares—diluted</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,907,360
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,294,966
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,629,079
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,229,125
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="11" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Three months ended </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">March 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">June 30,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">September 30,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013(1)(2) </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="11" valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">(in thousands, except share and per share amounts)</font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Service revenue</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>84,553
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>85,803
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>87,761
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>89,859
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Network operations, including equity-based compensation expense</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,309
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,076
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,441
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,400
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Operating income</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,905
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,601
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,577
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,065
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>361
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,607
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,122
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>52,599
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income per common share—basic</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.01
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.03
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.05
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.14
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income per common share—diluted</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.01
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.03
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.05
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.10
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted-average number of common shares—basic</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,537,607
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,040,692
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,171,194
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,302,926
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted-average number of common shares—diluted</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,435,677
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,769,184
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,823,167
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>48,800,560
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div><hr style="border-bottom-style:solid;width:26%;height:1.5pt; ;color:#000000" align="left"></hr>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:15;margin-left:0pt;">
<tr style="CellSpacing:15;">
<td valign="top" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">(1)</font></p>
</td>
<td valign="middle" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">As described in Note 5, during the fourth quarter of 2013 the Company reversed its valuation allowance against its US federal and certain state deferred income tax assets. </font></p>
</td>
</tr>
<tr style="CellSpacing:15;">
<td valign="top" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">(2)</font></p>
</td>
<td valign="middle" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Diluted earnings per share for the fourth quarter of 2013 assumed the conversion of the Convertible Notes since the Convertible Notes were dilutive this quarter. The assumed conversion of the Convertible Notes was anti-dilutive for the other periods presented. Diluted earnings per share for the fourth quarter of 2013 is determined by adding back $1.2 million of interest expense from the Convertible Notes to net income and including 1.9 million shares from the assumed conversion of the Convertible Notes in the weighted-average number of common dilutive shares. </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
600000
600000
500000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">9. Related party transactions: </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Office lease </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's headquarters is located in an office building owned by Niobium LLC (a successor to 6715 Kenilworth Avenue Partnership). The two owners of the company are the Company's Chief Executive Officer, who has a 51% interest in the partnership and his wife who has a 49% interest. The Company paid $0.5 million in 2014, $0.6 million in 2013 and $0.6 million in 2012, respectively, for rent and related costs (including taxes and utilities) to this company, respectively. The lease ends on August 31, 2016 and is cancellable by the Company upon 60 days' notice. The Company's audit committee reviews and approves all transactions with related parties. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
48600000
91978000
58500000
33500000
240000000
16794000
11164000
18208000
251600000
-316947000
-370366000
316973000
63577000
253396000
84553000
347979000
73659000
274320000
85803000
87761000
89859000
92937000
380003000
78603000
301400000
94623000
95691000
96749000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Accrued and other current liabilities as of December 31 consist of the following (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Operating accruals</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,286
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,539
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Deferred revenue—current portion</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,307
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,174
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Payroll and benefits</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,371
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,952
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Taxes—non-income based</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,359
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,128
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Interest</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,828
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,672
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32,151
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31,465
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">The income tax (expense) benefit is comprised of the following (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.02%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:40.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:01.36%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.02%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:12.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:01.36%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:01.36%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:12.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:01.36%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Current:</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:11.18%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Federal</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(126
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:11.18%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">State</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(243
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:11.18%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(83
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,285
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Foreign</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(169
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:11.18%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(284
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(344
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Deferred:</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:11.18%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Federal</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,352
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:11.18%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>49,317
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">State</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(824
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:11.18%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>995
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,245
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Foreign</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:11.18%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(243
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,447
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:11.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total income tax (expense) benefit</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,694
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:11.18%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>49,702
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(751
</td>
<td valign="bottom" style="width:01.36%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:11.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:56.64%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:11.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.36%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Our consolidated temporary differences comprising our net deferred tax assets are as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.86%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="5" valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31, </font></p>
</td>
<td valign="bottom" style="width:01.14%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.86%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:01.14%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:01.14%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Deferred Tax Assets:</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net operating loss carry-forwards</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>366,686
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>402,484
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Depreciation and amortization</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,769
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,110
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Tax credits</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,208
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,775
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Equity-based compensation</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>849
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Accrued liabilities and other</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20,705
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,748
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 30pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total gross deferred tax assets</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>398,217
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>412,117
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Deferred Tax Liabilities:</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Convertible notes</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,150
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Equity-based compensation</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>248
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 30pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total gross deferred tax liabilities</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,398
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net deferred tax assets before valuation allowance</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>398,217
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>410,719
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Valuation allowance</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(345,250
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(354,537
</td>
<td valign="bottom" style="width:01.14%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net deferred tax asset</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>52,967
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,182
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:68.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.86%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">The following is a reconciliation of the Federal statutory income taxes to the amounts reported in the financial statements (in thousands). </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.76%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:31.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:01.04%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.76%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:09.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:01.04%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:01.04%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:09.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:01.04%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Federal income tax (expense) benefit at statutory rates</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,572
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,445
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,225
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Effect of:</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.50%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">State income taxes, net of federal benefit</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(590
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(454
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,152
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Impact of foreign operations</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(267
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.50%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>95
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>147
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Non-deductible expenses</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(659
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(461
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,549
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Changes in tax reserves</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>165
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.50%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>503
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,552
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Other</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(191
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>277
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Changes in valuation allowance—US</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(580
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.50%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>52,187
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:07.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:08.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:07.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Income tax (expense) benefit</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,694
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:08.50%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>49,702
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.54%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:07.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(751
</td>
<td valign="bottom" style="width:01.04%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:07.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:08.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:07.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:67.00%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.76%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:07.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:08.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:07.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.04%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">The future minimum payments under these agreements are as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">For the year ending December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2015</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,848
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2016</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,089
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2017</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,058
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2018</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21,988
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2019</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21,976
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Thereafter</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>233,816
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total minimum lease obligations</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>355,775
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Less—amounts representing interest</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(189,237
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Present value of minimum lease obligations</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>166,538
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Current maturities</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(14,594
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Capital lease obligations, net of current maturities</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>151,944
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">. Future minimum annual payments under these arrangements are as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">For the year ending December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2015</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31,947
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2016</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,025
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2017</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18,852
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2018</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,891
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2019</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,124
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Thereafter</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>54,172
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>158,011
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The components of income (loss) before income taxes consist of the following (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:57.26%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:40.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:01.18%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:57.26%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:12.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:01.18%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:12.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:01.18%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:12.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:01.18%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:57.26%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Domestic</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31,645
</td>
<td valign="bottom" style="width:01.18%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,779
</td>
<td valign="bottom" style="width:01.18%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:11.00%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20,411
</td>
<td valign="bottom" style="width:01.18%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:57.26%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Foreign</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.78%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.98%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(27,154
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.78%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:10.98%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(23,792
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.78%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:11.00%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(23,911
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:57.26%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:57.26%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total income (loss) before income taxes</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,491
</td>
<td valign="bottom" style="width:01.18%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.98%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,987
</td>
<td valign="bottom" style="width:01.18%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:11.00%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,500
</td>
<td valign="bottom" style="width:01.18%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:57.26%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:57.26%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:10.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.18%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">The aggregate future contractual maturities of long-term debt were as follows as of December 31, 2014 (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">For the year ending December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2015</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2016</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2017</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2018</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>240,000
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">2019</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Thereafter</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>200,000
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>440,000
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.24%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Non-vested awards </font></p>
</td>
<td valign="bottom" style="width:01.02%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:17.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Shares </font></p>
</td>
<td valign="bottom" style="width:01.34%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:24.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Weighted-Average</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Grant Date</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Fair Value </font></p>
</td>
<td valign="bottom" style="width:01.02%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Non-vested at December 31, 2013</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.14%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,039,323
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:04.40%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:19.82%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18.69
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Granted</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.14%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>792,550
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:04.40%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:19.82%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34.57
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Vested</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.14%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(513,937
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:04.40%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:19.82%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19.33
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Forfeited</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.14%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(35,290
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:04.40%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:19.82%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18.23
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:16.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:04.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:19.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Non-vested at December 31, 2014</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.14%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,282,646
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:04.40%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:19.82%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28.26
</td>
<td valign="bottom" style="width:01.02%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:16.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:04.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:19.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:55.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:16.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:04.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:19.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.02%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.68%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="11" valign="bottom" style="width:55.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Three months ended </font></p>
</td>
<td valign="bottom" style="width:00.90%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.68%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">March 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">June 30,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">September 30,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:00.90%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:00.90%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.68%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="11" valign="bottom" style="width:55.64%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">(in thousands, except share and per share amounts)</font></p>
</td>
<td valign="bottom" style="width:00.90%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Service revenue</font></p>
</td>
<td valign="bottom" style="width:00.68%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>92,937
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>94,623
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>95,691
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>96,749
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Network operations, including equity-based compensation expense</font></p>
</td>
<td valign="bottom" style="width:00.68%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,836
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,605
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,407
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,046
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Operating income</font></p>
</td>
<td valign="bottom" style="width:00.68%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,907
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,309
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,614
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,066
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income (loss)</font></p>
</td>
<td valign="bottom" style="width:00.68%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>125
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,208
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(184
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(352
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income (loss) per common share—basic</font></p>
</td>
<td valign="bottom" style="width:00.68%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.00
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.03
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.00
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.01
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income (loss) per common share—diluted</font></p>
</td>
<td valign="bottom" style="width:00.68%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.00
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.03
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.00
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.01
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted-average number of common shares—basic</font></p>
</td>
<td valign="bottom" style="width:00.68%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,409,735
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,897,449
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,629,079
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,229,125
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:42.78%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted-average number of common shares—diluted</font></p>
</td>
<td valign="bottom" style="width:00.68%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,907,360
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,294,966
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,629,079
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,229,125
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="11" valign="bottom" style="width:55.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Three months ended </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">March 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">June 30,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">September 30,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013(1)(2) </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="11" valign="bottom" style="width:55.42%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">(in thousands, except share and per share amounts)</font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Service revenue</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>84,553
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>85,803
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>87,761
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>89,859
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Network operations, including equity-based compensation expense</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,309
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,076
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,441
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,400
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Operating income</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,905
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,601
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,577
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,065
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>361
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,607
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,122
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>52,599
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income per common share—basic</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.01
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.03
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.05
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.14
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Net income per common share—diluted</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.01
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.03
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.05
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.10
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted-average number of common shares—basic</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,537,607
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,040,692
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,171,194
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,302,926
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:43.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted-average number of common shares—diluted</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,435,677
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,769,184
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,823,167
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:12.02%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>48,800,560
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div><hr style="border-bottom-style:solid;width:26%;height:1.5pt; ;color:#000000" align="left"></hr>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:15;margin-left:0pt;">
<tr style="CellSpacing:15;">
<td valign="top" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">(1)</font></p>
</td>
<td valign="middle" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">As described in Note 5, during the fourth quarter of 2013 the Company reversed its valuation allowance against its US federal and certain state deferred income tax assets. </font></p>
</td>
</tr>
<tr style="CellSpacing:15;">
<td valign="top" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">(2)</font></p>
</td>
<td valign="middle" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Diluted earnings per share for the fourth quarter of 2013 assumed the conversion of the Convertible Notes since the Convertible Notes were dilutive this quarter. The assumed conversion of the Convertible Notes was anti-dilutive for the other periods presented. Diluted earnings per share for the fourth quarter of 2013 is determined by adding back $1.2 million of interest expense from the Convertible Notes to net income and including 1.9 million shares from the assumed conversion of the Convertible Notes in the weighted-average number of common dilutive shares. </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Below are the Company's service revenues and long lived assets by geographic region (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:34.96%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:62.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:01.32%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:34.96%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.34%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:19.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:01.32%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:19.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:01.32%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:19.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:01.32%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:34.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Service Revenue</font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.32%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.32%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.32%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:34.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">North America</font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>301,400
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>274,320
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>253,396
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:34.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Europe</font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>78,603
</td>
<td valign="bottom" style="width:01.32%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>73,659
</td>
<td valign="bottom" style="width:01.32%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>63,577
</td>
<td valign="bottom" style="width:01.32%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:34.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:17.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:17.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:17.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:34.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total</font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>380,003
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>347,979
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:17.26%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>316,973
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:34.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.34%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:17.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:17.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:17.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.32%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:47.56%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.38%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:24.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:01.38%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:24.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:01.38%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:47.56%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Long lived assets, net</font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:20.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:20.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:47.56%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">North America</font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:20.92%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>266,713
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:20.92%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>251,352
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:47.56%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Europe</font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:20.92%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>94,082
</td>
<td valign="bottom" style="width:01.38%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.24%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:20.92%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>89,879
</td>
<td valign="bottom" style="width:01.38%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:47.56%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:03.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:20.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:03.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:20.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:47.56%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total</font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:20.92%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>360,795
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:03.24%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:20.92%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>341,231
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:47.56%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:03.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:20.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:03.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:20.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:01.38%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:09.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Number of</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Options </font></p>
</td>
<td valign="bottom" style="width:00.90%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:12.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Weighted-Average</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Exercise Price </font></p>
</td>
<td valign="bottom" style="width:00.66%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Outstanding at December 31, 2013</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.68%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>175,578
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19.36
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Granted</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.68%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>83,540
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>35.11
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Cancelled and expired</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.68%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(31,842
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31.01
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Exercised—intrinsic value $0.8 million; cash received $0.5 million</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.68%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(38,379
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14.19
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Outstanding at December 31, 2014—$2.0 million intrinsic value and 6.7 years weighted-average remaining contractual term</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.68%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>188,897
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25.41
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Exercisable at December 31, 2014—$1.7 million intrinsic value and 4.7 years weighted-average remaining contractual term</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.68%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>105,709
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19.78
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Expected to vest—$1.9 million intrinsic value and 6.3 years weighted-average remaining contractual term</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:08.68%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>169,527
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24.43
</td>
<td valign="bottom" style="width:00.66%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:75.92%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:02.28%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:10.22%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.66%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.20%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.94%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:32.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:03.14%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.20%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Black-Scholes Assumptions </font></p>
</td>
<td valign="bottom" style="width:00.94%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:08.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:03.56%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:08.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:03.56%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:08.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:03.14%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.20%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Dividend yield</font></p>
</td>
<td valign="bottom" style="width:00.94%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3.6
</td>
<td valign="bottom" style="width:03.56%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.0
</td>
<td valign="bottom" style="width:03.56%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.3
</td>
<td valign="bottom" style="width:03.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.20%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Expected volatility</font></p>
</td>
<td valign="bottom" style="width:00.94%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37.0
</td>
<td valign="bottom" style="width:03.56%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>58.5
</td>
<td valign="bottom" style="width:03.56%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>61.6
</td>
<td valign="bottom" style="width:03.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.20%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Risk-free interest rate</font></p>
</td>
<td valign="bottom" style="width:00.94%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.6
</td>
<td valign="bottom" style="width:03.56%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.8
</td>
<td valign="bottom" style="width:03.56%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.7
</td>
<td valign="bottom" style="width:03.14%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">%</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.20%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Expected life of the option term (in years)</font></p>
</td>
<td valign="bottom" style="width:00.94%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.6
</td>
<td valign="bottom" style="width:03.56%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.8
</td>
<td valign="bottom" style="width:03.56%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.06%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.48%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.8
</td>
<td valign="bottom" style="width:03.14%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:71.90%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.70%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:26.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:00.96%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:71.90%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.70%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:07.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:00.96%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:07.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:00.96%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:08.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:00.96%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:71.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Beginning balance of unrecognized tax benefits</font></p>
</td>
<td valign="bottom" style="width:00.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:06.42%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,000
</td>
<td valign="bottom" style="width:00.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:06.42%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,312
</td>
<td valign="bottom" style="width:00.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:07.38%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,875
</td>
<td valign="bottom" style="width:00.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:71.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Change attributable to tax positions taken during a prior period</font></p>
</td>
<td valign="bottom" style="width:00.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.42%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>82
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.42%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(51
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.38%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>745
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:71.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Decrease attributable to settlements with taxing authorities</font></p>
</td>
<td valign="bottom" style="width:00.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.42%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(160
</td>
<td valign="bottom" style="width:00.96%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.42%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.38%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,655
</td>
<td valign="bottom" style="width:00.96%;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:71.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Decrease attributable to lapses of statutes of limitation</font></p>
</td>
<td valign="bottom" style="width:00.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.42%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(56
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:06.42%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(261
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:07.38%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(653
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:71.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:06.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:06.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:07.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:71.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Ending balance of unrecognized tax benefits</font></p>
</td>
<td valign="bottom" style="width:00.70%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:06.42%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>866
</td>
<td valign="bottom" style="width:00.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:06.42%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,000
</td>
<td valign="bottom" style="width:00.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:01.42%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:07.38%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,312
</td>
<td valign="bottom" style="width:00.96%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:71.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:06.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:06.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:07.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:71.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.70%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:06.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:06.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:07.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.96%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;text-align:center;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">Schedule II </font>
</p>
<p style="margin:5pt 0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">COGENT COMMUNICATIONS HOLDINGS, INC. AND SUBSIDIARIES </font>
</p>
<p style="margin:5pt 0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">VALUATION AND QUALIFYING ACCOUNTS </font>
</p>
<p style="margin:5pt 0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">(in thousands) </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Description </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Balance at</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Beginning of</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Period </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Charged to</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Costs and</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Expenses </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">(Deductions) </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Balance at</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">End of</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Period </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Allowance for doubtful accounts (deducted from accounts receivable)(a)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Year ended December 31, 2012</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,345
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,058
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,320
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,083
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Year ended December 31, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,083
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,731
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(5,943
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,871
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Year ended December 31, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,871
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,046
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(5,210
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,707
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Allowance for Unfulfilled Customer Purchase Obligations (deducted from accounts receivable)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Year ended December 31, 2012</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,859
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,888
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(7,065
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,682
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Year ended December 31, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,682
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,690
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,228
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,144
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Year ended December 31, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,144
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,082
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(5,678
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,548
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Deferred tax valuation allowance</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Year ended December 31, 2012</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>370,293
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18,200
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(33
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>388,460
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Year ended December 31, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>388,460
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,542
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(39,465
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>354,537
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Year ended December 31, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>354,537
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,436
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(19,723
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">)</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>345,250
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div><hr style="border-bottom-style:solid;width:26%;height:1.5pt; ;color:#000000" align="left"></hr>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:15;margin-left:0pt;">
<tr style="CellSpacing:15;">
<td valign="top" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">(a)</font></p>
</td>
<td valign="middle" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Bad debt expense, net of recoveries, was approximately $3.7 million for the year ended December 31, 2014, $3.5 million for the year ended December 31, 2013 and $5.1 million for the year ended December 31, 2012. </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.12%;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:17.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:00.90%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:17.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:00.90%;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.12%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted average common shares—basic</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.20%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,960,720
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.20%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,286,735
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.12%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Dilutive effect of stock options</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.20%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>59,196
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.20%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>76,884
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.12%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Dilutive effect of restricted stock</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.20%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>329,754
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.20%;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>633,285
</td>
<td valign="bottom" style="width:00.90%;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.12%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:16.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:16.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.12%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Weighted average common shares—diluted</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.20%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,349,670
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:16.20%;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,996,904
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.12%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:16.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:16.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:63.12%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:16.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:16.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:00.90%;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
</tr>
</table></div>
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;"> </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">10. Geographic information: </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing the Company's performance. The Company has one operating segment. Below are the Company's service revenues and long lived assets by geographic region (in thousands): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Years Ended December 31, </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2012 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Service Revenue</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">North America</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>301,400
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>274,320
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>253,396
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Europe</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>78,603
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>73,659
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>63,577
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>380,003
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>347,979
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>316,973
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December 31,</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2013 </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Long lived assets, net</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">North America</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>266,713
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>251,352
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Europe</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>94,082
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>89,879
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Total</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>360,795
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>341,231
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​ </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 1pt">
<font style="display: inline;font-family:Times;font-size:1.5pt;">​</font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The majority of North American revenue consists of services delivered within the United States. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
79885000
87242000
107679000
245423000
244230000
8323000
8719000
9571000
P4Y
P4Y
P3Y
35290
18.23
1300000
200000
792550
17.74
27.82
34.57
1700000
1000000
1039323
1300000
1282646
18.69
28.26
513937
8800000
21700000
19000000
19.33
P10Y
0.00
0.013
0.020
0.036
P4Y9M18D
P4Y9M18D
P4Y7M6D
0.616
0.585
0.370
0.007
0.008
0.016
400000
1700000
105709
19.78
P4Y8M12D
800000
82580
46335
35290
31842
31.01
83540
9.00
9.44
8.32
2000000
175578
188897
19.36
25.41
P6Y8M12D
1900000
169527
24.43
P6Y3M18D
14.19
35.11
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Equity-based compensation </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company recognizes compensation expense for its share-based payments granted to its employees based on their grant date fair values with the expense being recognized on a straight-line basis over the requisite service period. The Company begins recording equity-based compensation expense related to performance awards when it is considered probable that the performance conditions will be met. Equity-based compensation expense is recognized in the statement of operations in a manner consistent with the classification of the employee's salary and other compensation. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
-100000
164001000
-582000
489021000
46000
-324484000
159779000
667000
497349000
47000
-338284000
193492000
2136000
508256000
47000
-316947000
83794000
-6462000
460576000
46000
-370366000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">7. Stockholders' equity: </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Authorized shares </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company has 75.0 million shares of authorized $0.001 par value common stock and 10,000 authorized but unissued shares of $0.001 par value preferred stock. The holders of common stock are entitled to one vote per common share and, subject to any rights of any series of preferred stock, dividends may be declared and paid on the common stock when determined by the Company's board of directors. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Common stock buybacks </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The Company's board of directors has approved $50.0 million for purchases of the Company's common stock under a buyback program (the "Buyback Program"). At December 31, 2014, there was approximately $37.2 million remaining for purchases under the Buyback Program. During the years ended December 31, 2014 and 2012, the Company purchased approximately 1.7 million and 0.1 million shares of its common stock for $58.6 million and $1.3 million, respectively. These common shares were subsequently retired. There were no purchases of the Company's common stock in 2013. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Dividends on common stock and return of capital program </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> Dividends are recorded as a reduction to retained earnings. Dividends on unvested restricted shares of common stock are paid as the awards vest. The Company's initial quarterly dividend payment was made in the third quarter of 2012. In addition to the Company's regular quarterly dividends, in 2013, the Company's board of directors approved an additional return of capital program (the "Capital Program") for the Company's shareholders. Under the Capital Program the Company plans on returning additional capital to the Company's shareholders each quarter through either stock buybacks or a special dividend or a combination of stock buybacks and a special dividend until the Company's net debt to trailing twelve months EBITDA, as adjusted, ratio reaches an amount specified by the Company's board of directors. The aggregate payment under the Capital Program initially was at least $10.0 million each quarter and was increased to be at least $12.0 million each quarter. Amounts paid under the Capital Program are in addition to the Company's regular quarterly dividend payments. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> A summary of the Company's quarterly dividends paid since its initial dividend payment is as follows (in thousands, except per share amounts): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Dividend Period </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amount per</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Common Share </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Record Date </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Payment Date </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Total</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Dividends</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Paid </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q3 2012</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.10
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">August 22, 2012</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">September 12, 2012</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,537
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q4 2012</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.11
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">November 21, 2012</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">December 12, 2012</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,012
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q1 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.12
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">March 4, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">March 15, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,489
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q2 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.13
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">May 31, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">June 18, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,145
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q3 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.14
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">September 5, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">September 25, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,512
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q4 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.37
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">November 27, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">December 20, 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,206
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q1 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.39
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">March 7, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">March 27, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18,352
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q2 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.17
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">May 30, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">June 18, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,882
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q3 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.30
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">August 29, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">September 19, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,792
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q4 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.31
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">November 26, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">December 12, 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,190
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> A summary of the Company's amounts paid under the Capital Program is as follows (in thousands, except per share amounts): </font>
</p>
<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-size:10pt;"> </font>
</p>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;">
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Dividend Period </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Capital</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Program</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amount </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Stock Buyback</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amount</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">During the</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Period </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Stock Buyback</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amount Greater</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">than Capital</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Program Amount? </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Payment Under</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Capital Program</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Paid As</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Dividend(1) </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
<td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amount Per</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Share Paid As</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Dividends</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Under the</font><br /><font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Capital Program </font></p>
</td>
<td valign="bottom" style="width:auto;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:7.5pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q3 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,000
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">No</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q4 2013</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,500
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">No</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,186
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.22
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q1 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,500
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,196
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Yes</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,707
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.23
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q2 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,500
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,888
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Yes</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q3 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,000
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,943
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Yes</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
<tr style="CellSpacing:0;">
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Q4 2014</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,000
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,555
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">No</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">$</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">—</font></p>
</td>
<td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> </font></p>
</td>
</tr>
</table></div><hr style="border-bottom-style:solid;width:26%;height:1.5pt; ;color:#000000" align="left"></hr>
<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:15;margin-left:0pt;">
<tr style="CellSpacing:15;">
<td valign="top" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">(1)</font></p>
</td>
<td valign="middle" style="width:auto;padding:0.9pt 0.9pt 0.9pt 0.9pt;">
<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;">Under the Capital Program if the amount spent on stock buybacks during a quarter is less than the program amount the difference is added to the dividend payment for the following quarter. Since the stock buyback amount for the fourth quarter of 2014 was $10.6 million and less than the Capital Program amount of $12.0 million an additional $1.4 million or $0.03 per share will be added to the first quarter 2015 regular dividend. </font></p>
</td>
</tr>
</table></div>
<p style="margin:5pt 0pt;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The payment of any future dividends and any other returns of capital will be at the discretion of the Company's board of directors and may be reduced, eliminated or increased and will be dependent upon the Company's financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Company's board of directors. The Company is a Delaware Corporation and under the General Corporate Law of the State of Delaware distributions may be restricted including a restriction that distributions, including stock purchases and dividends, do not result in an impairment of a corporation's capital, as defined under Delaware Law. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
1338120
175500
792550
42341
88409
38379
38379
1000
1000
1000
1000
404000
404000
1218000
1218000
533000
533000
74584
1731128
1265000
1265000
58583000
58582000
1000
100000
0
1700000
1300000
14196000
58600000
17888000
15943000
10555000
50000000
37200000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
<font style="display: inline;font-family:Times;"> </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">12. Subsequent Events: </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Purchase agreement </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> In January 2015, the Company entered into an equipment purchase agreement with a vendor. Under the purchase agreement the Company is required to purchase a total of $28.9 million of equipment during the eighteen month term. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Dividends </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> On February 24, 2015, the Company's board of directors approved the payment of the Company's regular quarterly dividend of $0.32 per common share and a $1.4 million dividend ($0.03 per share) under the Company's Capital Program. The total dividend for the first quarter of 2015 of $0.35 per share will be paid to holders of record on March 11, 2015. This estimated $15.8 million dividend payment is expected to be made on March 26, 2015. </font>
</p>
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Debt redemption and new debt issuance </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> In March 2015, Group is expected to redeem its $240.0 million 8.375% Senior Notes with the proceeds from its February 2015 issuance of $250.0 million of 5.375% senior secured notes (the "New Secured Notes") and existing cash on hand. The Company deposited $251.6 million with the trustee for the benefit of the holders of the Senior Notes in order to redeem on March 12, 2015 the entire outstanding amount of Senior Notes at a redemption price of 104.188% of the $240.0 million principal amount thereof plus accrued and unpaid interest. As a result of this transaction the Company expects to incur a loss on redemption of approximately $9.0 million in the first quarter of 2015. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The New Secured Notes will mature on March 1, 2022 and interest will accrue at 5.375% beginning on February 20, 2015 and will be paid semi-annually in arrears on March 1 and September 1 of each year, commencing on September 1, 2015. The indenture governing the New Secured Notes provides that the Company and each of the Company's existing domestic subsidiaries and future material domestic subsidiaries guarantee the New Secured Notes, subject to certain exceptions and permitted liens. The New Secured Notes are also secured by a pledge of all of the equity interests in Group's domestic subsidiaries and 65% of the equity interests in Group's first-tier foreign subsidiaries. The New Secured Notes and the subsidiary guarantees will be the Company's and the subsidiary guarantors' senior indebtedness and will rank </font><font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">pari passu</font><font style="display: inline;font-family:Times;font-size:10pt;"> in right of payment with all of the Company's and the subsidiary guarantors' existing and future senior indebtedness, effectively senior to Group's senior unsecured indebtedness to the extent of the value of the collateral securing the New Secured Notes and the subsidiary guarantees, including Group's $200.0 million 2021 Notes that were issued on April 9, 2014 and senior to any of the Company's and the subsidiary guarantors' future subordinated indebtedness. The New Secured Notes will be structurally subordinated to the liabilities of the non-guarantor subsidiaries and will be effectively subordinated to the Company's and the subsidiary guarantors' secured indebtedness to the extent of the value of the collateral securing such indebtedness on a basis senior to the New Secured Notes and the subsidiary guarantees. Holdings is also a guarantor of the New Secured Notes; however Holdings's guarantee is unsecured and thus its guarantee is not secured by any of the Holdings assets. Holdings is also not subject to the covenants under the indenture governing the New Secured Notes. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The New Secured Notes may be redeemed prior to December 1, 2021 (three months prior to the maturity date of the Notes) in whole or from time to time in part, at a redemption price equal to the sum of (1) 100% of the principal amount plus accrued and unpaid interest, if any, to, but not including, the redemption date, and (2) a make-whole premium, if any. The make-whole premium is the excess of (1) the net present value, on the redemption date, of the principal being redeemed or paid and the amount of interest (exclusive of interest accrued to the date of redemption) that would have been payable if such redemption had not been made, over (2) the aggregate principal amount of the notes being redeemed or paid. Net present value shall be determined by discounting, on a semi-annual basis, such principal and interest at the reinvestment rate (as determined in the indenture governing the New Secured Notes) from the respective dates on which such principal and interest would have been payable if such redemption had not been made. In addition, at any time on or after December 1, 2021 (three months prior to the maturity date of the Notes), the Issuer may redeem the Notes, in whole and or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but not including, the redemption date. </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The indenture governing the New Secured Notes, among other things, limits Group's and its restricted subsidiaries' ability to incur indebtedness; to pay dividends or make other distributions; to make certain investments and other restricted payments; to create liens; consolidate, merge, sell or otherwise dispose of all or substantially all of its assets; to incur restrictions on the ability of a subsidiary to pay dividends or make other payments; and to enter into certain transactions with its affiliates. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
2875000
1312000
1000000
866000
1655000
160000
745000
-51000
82000
653000
261000
56000
1000000
16200000
900000
1000000
900000
29200000
6600000
15800000
200000000
<div> <div style="margin-left:0pt;margin-right:0pt;">
<p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-style:italic;font-size:10pt;">Use of estimates </font>
</p>
<p style="margin:5pt 0pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
<font style="display: inline;font-family:Times;font-size:10pt;"> The preparation of consolidated financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from these estimates. </font>
</p>
<p><font size="1"> </font></p>
</div> </div>
1859000
3345000
370293000
1682000
3083000
388460000
2144000
1871000
354537000
1548000
1707000
345250000
6888000
6058000
18200000
4690000
4731000
5542000
5082000
5046000
10436000
7065000
6320000
33000
4228000
5943000
39465000
5678000
5210000
19723000
45514844
46435677
46996904
46769184
46823167
48800560
46907360
46349670
46294966
45629079
45229125
45514844
45537607
46286735
46040692
46171194
46302926
46409735
45960720
45897449
45629079
45229125